Scroll down — way down.*
“US chipmaker to be deemed monopoly”
[China Daily link -- July 25, 2014]
- The anti-monopoly law allows industry regulators to impose fines up to 10 percent of a company’s revenues in the previous year. Qualcomm earned $12.3 billion in China in its last fiscal year, which ended in September. The sum represents nearly half of the company’s global revenue.
- On the same day the NDRC [National Development and Reform Commission] official said Qualcomm would be deemed a monopoly, the company announced a $150 million investment project aimed at Chinese startups.
- Beijing has decided to gradually shake dependence on overseas made electronics. The State Council introduced a fund last month in a bid to boost local chip innovation and manufacturing.
“How the Hammer Falls as China Nails Corruption”
[Caixin link -- July 24, 2014]
- No one knows for sure who might fall next, which makes the website — [Central Discipline Inspection Commission] — a must for anyone following the anti-corruption crackdown.
- The party’s Central Committee has entrusted the CDIC, whose inspection team unit dates to 2003, to follow an anti-graft strategy spelled out in a December 2013 document. Inspectors dig up evidence of wrongdoing and report to superiors at the CDIC. Suspicious activity involving high-level officials may be reported to the party’s central leaders or even to Xi [Jinping], the party’s general secretary.
- At the state-run oil company China National Petroleum Corp. (CNPC) . . . sources said that high-level managers are so worried about these investigations that they have drawn up a contingency plan for filling any position left vacant after a CDIC inspection. As part of the plan, all mid- to upper-level company managers must contact department heads daily. Anyone who does not report is considered gone, and replaced the next day by a pre-approved successor.
- Ren Jianming, a public management professor at Beijing University of Aeronautics and Astronautics, said the campaign “has been an important safeguard and has provided support for efforts to reform the political and economic systems.” He called it “a breakthrough for reforming the political and economic systems.” Over the past year, Ren said, the crackdown has proven to be a useful deterrent against corruption.
- “If this continues,” he said, “we can expect corruption will be under control.”
“BBC World Service Poll”
- Views of Russia have strongly deteriorated since last year, as shown in the latest 24-country poll . . . conducted mostly before the events in Crimea.
- The deterioration of views towards the USA is mostly led by sharp increases in negative views among allies where extensive US surveillance activity has been discovered and widely criticized.
- The most unfavorable views towards the USA in the survey are held in Pakistan (61%) and China (59%).
- Germany has kept its position as the most positively viewed country, with 60 percent worldwide giving it positive ratings.
- The UK is the country whose perceived influence in the world has most improved from 2005 to the present.
- Conversely, China’s perceived influence has worsened the most over the same decade.
- Germans have become increasingly negative towards China with 76 percent perceiving it negatively.
- The most favourable views of China are found in Africa where no surveyed country has less than 65 percent of positive views.
- Negative views of Japan are at their highest since 2006, and have hit a record high of 90 percent among Chinese (up from 74%).
- Iran remains the most unfavourably viewed country, with negative ratings of its perceived influence averaging 60 percent, followed by Pakistan and North Korea (both 58%).
- Israel continues to be the fourth most negatively viewed nation, despite an uptick of three points in its positive ratings (24%) and a decline in its negative ratings to 50 percent (down 2 points) that differentiates it from the other worst-rated nations.
- Ghanians are the most favourable towards Israel in the survey (54%, up 10 points and at its highest level), just ahead of the USA (52%).
“China’s Increasing African Presence”
- It appears as if there is no official Chinese goal for taking over the continent, but their combined presence is clearly intentional government “leverage” against the West.
- Sadly, too many of them are condescending, outright racists. They typically arrive with more education than the Africans around them and a determination to work very hard. By contrast, they consider the locals more interested in having a good time than working and building up a business or a farm. They consider the Africans stupid and have no compunction of taking advantage of them. Here’s the observation of a man in Mozambique, which pretty much sums up the entire perspective:
- “I didn’t think they [the Africans] were so clever, not so intelligent, and I was looking for an opportunity based on my own capabilities. Can you imagine if I had gone to American or to Germany first? The people in those [expletive deleted] places are too smart. I wouldn’t have gotten anywhere. I don’t think I would have beaten them. So we had to find backward countries, poor countries that we can lead, places where we can do business, where we can manage things successfully. If it was the United States, with [expletive deleted] intelligent Americans, how could we compete?”
- Variations of that quotation appear throughout the book. A Chinese man in Senegal says of his hosts, “They just don’t learn.” Worse, he states that African politicians are mostly clueless.
“China Turns To Africa For Resources, Jobs And Future Customers”
- More than a million Chinese citizens have permanently moved to Africa, buying land, starting businesses and settling among local populations.
- When crews broke ground on a major airport expansion in Mali funded by American foreign aid, the $71 million contract went to a Chinese construction firm. That’s one small measure of China’s economic engagement in Africa, where Chinese leaders see arable land and natural resources vital to China’s industrial expansion and markets for growing Chinese companies. Our guest, journalist Howard French, says . . .
- The things they complain about in China run from just the sheer crowding of cities in China, to the environment — rampant pollution in many places — to corruption. Corruption is something that many, many of the people I interviewed complained about. They would often say to me, unprompted, that African countries, which we often think of as being, you know, terribly corrupt, were less corrupt in terms of the way they lived their daily lives than China itself.
- And then finally something they sometimes were fleeing was a feature of Chinese capitalism that’s not widely understood in this country, which is the copycat nature of economic competition in China. If I invent a gewgaw and begin to sort of manufacture it and sell it on a street corner and somebody notices that it’s doing good business, then, you know, in China, very often, it seems like a week later, 10 people have copied that idea and are trying to sell the same gewgaw. Very often, Chinese people would say to me that they were looking for places where there weren’t so many Chinese people, which I thought to be amusing.
Think of all the reading I’ve just saved you.
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1099] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender
“There’s Something Wrong With Me” – FFC #1098 of July 23, 2014
This essay isn’t about Nazis, but I can’t think of a better way to begin.
If something defies logic, then maybe there’s a reason. Nobody can solve an emotional puzzle with logic, intellect.
(Haven’t you ever loved a person you swore must be crazy?)
I’ve known lots of people who, when they were young children, and learning about themselves from old children, learned and memorized this:
“There’s something wrong with me.”
There you have it. They were wrong, of course, but there you have it anyway.
The shrinks might call it “low self-esteem” but it’s our country’s biggest problem. Every compulsion and addiction — from overeating to serial murder — is rooted in this fundamental self-hatred.
Every exploitation and vulnerability, too. How often do we make a purchase decision — or otherwise socially conform — to avoid the feeling, deeply subconscious, that “there’s something wrong with me”?
A hundred years ago, the typical German household was not what we Americans would think of as kid-friendly. Humiliated German children grew into adult Nazis who saw themselves — their defective and vulnerable childhood selves — in their Jewish victims. They symbolically exterminated their childhood selves, and thus completed the work of their childhood authority figures.
I know too many self-hating Americans — mostly good people of low self-esteem — who see themselves in their own children and grandchildren.
They are wrong, of course, but there you have it — and the reason their behavior defies logic.